Freedonia Group: Demand for Outdoor Furniture, Grills, & Patio Heating Products to Increase in the Long Term
In the long term, demand for outdoor furniture, grills, and patio heating products is forecast to expand 3.8% per year to nearly $12 billion in 2024, finds a new Freedonia Group analysis:
- In the long term, demand for outdoor furniture, grills, and patio heating products is forecast to expand 3.8% per year to nearly $12 billion in 2024, finds a new Freedonia Group analysis:
The strong and still-growing popularity of outdoor living will continue to drive market growth, as consumers and commercial entities alike increasingly invest in their outdoor spaces. - However, tariffs on foreign-made parts and products may increase prices for outdoor furniture and grills in the short term, which could be a restraint on these discretionary purchases.
- Suppliers of outdoor furniture and grills should look to market and develop products for specific demographic groups.
- This study analyzes US markets for outdoor furniture, grills and accessories, and patio heating products.